Blog Posts

property value

Like all other commodities, property values rise and fall according to supply and demand.  In an economy where most of the working-age people are employed, renters feel financially secure enough to buy their first home. Existing homeowners use their home equity to upgrade, so they put their home up for sale and buy a home that is closer to their dream home.  Retired homeowners often downgrade, move to a retirement community, or move to an area closer to their grown children.  And so it goes.  This is an economy that produces the movement of home sales, and the increased home prices reflect the home buying cycle.
 

husband wife signing loan mortgage

Making the decision to finally buy a home for yourself carries some big responsibilities along with it. One of your biggest concerns is to find a lender and, if you’re just starting out in life, that may be more complicated than you expect. Getting preapproved for your Missouri mortgage can help this process move along more smoothly by providing a few worthwhile benefits.

 

Loan on a house or condo

If you are looking to take out a loan for a new property, it can be overwhelming. After all, a loan on a house or a condo can be a great decision. However, it is crucial that you evaluate the pros and cons of each. That way you can get the loan for the type of home that suits your family’s needs. Here is what you should consider when embarking on this decision: